Yen Rises Against Majors
14 Dezember 2023 - 1:43AM
RTTF2
The Japanese yen strengthened against other major currencies in
the Asian session on Thursday.
The yen rose to nearly a 2-1/2-month high of 178.34 against the
pound, from yesterday's closing value of 180.29.
Against the euro and Swiss franc, the yen advanced to a 6-day
high of 153.86 and a 1-week high of 162.65 from yesterday's closing
quotes of 155.35 and 163.87, respectively.
Against the U.S. and Canadian dollars, the yen climbed to a
4-1/2-month high of 140.97 and a 1-week high of 104.75 from
Wednesday's closing quotes of 142.88 and 105.67, respectively.
If the yen extends its uptrend, it is likely to find resistance
around 177.00 against the pound, 151.00 against the euro, 161.00
against the franc, 139.00 against the greenback and 103.00 against
the loonie.
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